EPR Properties (NYSE:EPR) CAO Tonya L. Mater Sells 3,120 Shares

EPR Properties (NYSE:EPR) CAO Tonya L. Mater sold 3,120 shares of the business’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares in the company, valued at $2,430,321.30. This represents a 6.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

EPR Properties Trading Up 0.6 %

NYSE:EPR opened at $51.61 on Friday. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 22.34 and a beta of 1.72. The company has a quick ratio of 7.81, a current ratio of 7.81 and a debt-to-equity ratio of 1.19. The company’s 50 day moving average price is $49.07 and its 200-day moving average price is $47.24. EPR Properties has a 52 week low of $39.66 and a 52 week high of $54.25.

EPR Properties (NYSE:EPR) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. The business had revenue of $149.12 million during the quarter, compared to analyst estimates of $161.25 million. EPR Properties had a return on equity of 8.22% and a net margin of 28.87%. On average, equities research analysts forecast that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.295 per share. This represents a $3.54 dividend on an annualized basis and a dividend yield of 6.86%. The ex-dividend date is Monday, March 31st. This is an increase from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is presently 221.25%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EPR. Stifel Nicolaus increased their target price on EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Truist Financial raised their price objective on EPR Properties from $46.00 to $51.00 and gave the company a “hold” rating in a research report on Tuesday. Wells Fargo & Company upped their target price on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research report on Monday, March 10th. Finally, Royal Bank of Canada lifted their price target on shares of EPR Properties from $50.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, March 6th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $50.75.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EPR. Metis Global Partners LLC grew its position in EPR Properties by 31.8% in the 3rd quarter. Metis Global Partners LLC now owns 7,797 shares of the real estate investment trust’s stock worth $382,000 after purchasing an additional 1,881 shares during the period. Landscape Capital Management L.L.C. bought a new stake in shares of EPR Properties in the third quarter worth $313,000. Charles Schwab Investment Management Inc. grew its holdings in shares of EPR Properties by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock worth $66,199,000 after acquiring an additional 54,567 shares during the period. Eagle Asset Management Inc. bought a new position in EPR Properties in the third quarter valued at about $5,224,000. Finally, Cerity Partners LLC boosted its position in EPR Properties by 31.1% in the third quarter. Cerity Partners LLC now owns 19,022 shares of the real estate investment trust’s stock worth $933,000 after purchasing an additional 4,507 shares during the last quarter. 74.66% of the stock is owned by hedge funds and other institutional investors.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.